A sample of 63 stocks traded on the NYSE that day showed that 22 went up. You are conducting a study to see if the proportion of stocks that went up is significantly more than 0.3. You use a significance level of a = 0.05. What is the test statistic for this sample? (Report answer accurate to three decimal places.) test statistic = What is the p-value for this sample? (Report answer accurate to four decimal places.) p-value = The p-value is... O less than (or equal to) a Ogreater than a This test statistic leads to a decision to... reject the null accept the null fail to reject the null As such, the final conclusion is that... OThere is sufficient evidence to warrant rejection of the claim that the proportion of stocks that went up is more than 0.3. O There is not sufficient evidence to warrant rejection of the claim that the proportion of stocks that went up is more than 0.3. The sample data support the claim that the proportion of stocks that went up is more than 0.3. There is not sufficient sample evidence to support the claim that the proportion of stocks that went up is more than 0.3.

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A sample of 63 stocks traded on the NYSE that day showed that 22 went up.
You are conducting a study to see if the proportion of stocks that went up is significantly more than 0.3.
You use a significance level of a = 0.05.
What is the test statistic for this sample? (Report answer accurate to three decimal places.)
test statistic =
What is the p-value for this sample? (Report answer accurate to four decimal places.)
p-value =
The p-value is...
O less than (or equal to) a
Ogreater than a
This test statistic leads to a decision to...
reject the null
accept the null
fail to reject the null
As such, the final conclusion is that...
OThere is sufficient evidence to warrant rejection of the claim that the proportion of stocks that went
up is more than 0.3.
O There is not sufficient evidence to warrant rejection of the claim that the proportion of stocks that
went up is more than 0.3.
The sample data support the claim that the proportion of stocks that went up is more than 0.3.
There is not sufficient sample evidence to support the claim that the proportion of stocks that went
up is more than 0.3.
Transcribed Image Text:A sample of 63 stocks traded on the NYSE that day showed that 22 went up. You are conducting a study to see if the proportion of stocks that went up is significantly more than 0.3. You use a significance level of a = 0.05. What is the test statistic for this sample? (Report answer accurate to three decimal places.) test statistic = What is the p-value for this sample? (Report answer accurate to four decimal places.) p-value = The p-value is... O less than (or equal to) a Ogreater than a This test statistic leads to a decision to... reject the null accept the null fail to reject the null As such, the final conclusion is that... OThere is sufficient evidence to warrant rejection of the claim that the proportion of stocks that went up is more than 0.3. O There is not sufficient evidence to warrant rejection of the claim that the proportion of stocks that went up is more than 0.3. The sample data support the claim that the proportion of stocks that went up is more than 0.3. There is not sufficient sample evidence to support the claim that the proportion of stocks that went up is more than 0.3.
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